Proxy season continues revealing the pay packages for the execs at Genworth, Richmond’s new bank and a local REIT. And another local REIT closed on $20M worth of hotel purchases.
Dominion shines a light on the big pay days for its top execs, insiders at a local drug maker going on a buying spree and a local bank names a CFO.
Proxy season continues – and more hefty pay packages for local execs at Markel, MeadWestvaco and others; Genworth’s new CFO gets a sweet new deal; new directors at a local bank; and another big hotel purchase made by a local REIT.
It’s our favorite time of year — Proxy season — when publicly traded companies reveal how much their executives make. It’s good to be the kings at Media General and Owens & Minor.
Big paydays for local execs as companies begin to release their proxies; a local real estate investment trust works more big hotel deals; shareholders of a local coal company dump millions of dollars worth of shares; and a local drug maker takes a step toward selling its new drug in Europe.
A local REIT puts the brakes on a big hotel purchase and then announces an even larger deal; a local pharmaceutical firm does a reverse split on its stock; big bonuses for Brink’s execs; and Owens & Minor executives cash in on tons of stock options.
More local execs cashing in on big money stock options; a local REIT raises $100 million a local video game maker losses millions. Plus a huge performance bonus at Tredegar.
Executives from several local public companies exercised millions of dollars worth of stock options over the past week. Genworth execs get big stock awards. Meanwhile, another company had to delay its year-end financials, and NewMarket pays big cash bonuses to its top dogs.
A local REIT is looking to buy almost $100 million worth of hotels; struggling bank-holding companies showed at least some signs of a turnaround; and dividends are being paid by several local public companies.
Big paydays at Altria and Insmed; CarMax and Apple REIT Ten elect new directors to their boards; Massey Energy discloses internal letters related it being acquired.